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Centaur Holdings announces its results for the 6 months ended 31 December 2005

Centaur Holdings plc "(Centaur)" today announces its results for the six months ended 31 December 2005. A statement explaining the effects on Centaur's financial statements of adopting International Financial Reporting Standards (IFRS) is also published today.

Turnover for the six months is up 7% year-on-year to £33.8m and adjusted Profit Before Tax is up by 75% to £3.1m.

The highlights of the period include:

  • Overall advertising revenues up 8%, with particularly strong performance by the Legal & Financial division.
  • Perfect Information reports £0.6 million improvement in EBITDA to £0.6 million led by 8% revenue growth and benefits of prior year cost savings.
  • New product development activity continuing, including two new magazines, three new events and two new websites launched in period.
  • Four acquisitions completed since July 2005 - Supply Chain Business and Logistics Europe; The Recruiter; Period Living and Headline Money.
  • Interim dividend of 0.6 pence per share proposed.

Graham Sherren, Chairman and Chief Executive Officer of Centaur Holdings plc, said: "The results in the first half show further satisfactory year-on-year growth, reflecting the success of our strategy of creating market-leading products across a range of market sectors. The outlook for the second half is positive and we remain confident about the outcome for the full year to 30 June 2006."

For a copy of the full statement, please click here.

And to read the statement on IFRS, please click here.

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